Astorg to acquire a minority stake in Third Bridge from IK Investment Partners.

Astorg, a European private equity group, agreed to acquire a minority stake in Third Bridge, a global research organization, from IK Investment Partners, a private equity firm. Financial terms were not disclosed. Completion of the transaction is subject to legal and regulatory approvals. “Third Bridge has enjoyed a fantastic partnership with IK over the last three and a half years. The team was aligned with our strategy from day one and has supported our strong growth during this period. We are excited to partner with Astorg as we look to expand into new markets and scale the business further,” Emmanuel Tahar, Third Bridge CEO and Co-Founder.